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LATEST NEWS UPDATES ON ENERGY AND INFRASTRUCTURE FROM ACROSS THE MEDIA SPACE

The NDA Government led by Prime Minister Narendra Modi is aiming for greater impetus to the Pradhan Mantri Ujjwala Yojana (PMUY) and planning to expand the coverage of clean energy scheme PMUY to rural women.

IN A bid to improve energy efficiency in Maharashtra, the state government would conduct energy audits in 1,500 government offices. The announcement was made on Monday by Piyush Goyal, Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines.

Desperate to contain the growing losses in electricity supply, the state government has succeeded in bringing down the aggregate technical and commercial losses (AT&C) by 4-5%, which has accrued a benefit to the tune of Rs 1,800 crore.

In its attempt to become power surplus and increase the share of renewable energy, the Bihar government has planned to set up a nuclear plant of around 3,000 MW capacity at Rajauli in Nawada district, a senior minister said today.

India should split the seven units of state-controlled Coal India Ltd into independent companies to make it more competitive, the government's policy think-tank said on Tuesday in a draft of a new energy policy.

Cash-strapped BMTC may soon take the lease route to electric buses. With the cost of electric buses working out to at least three times more than that of AC buses, BMTC is looking to induct 150 buses into its fleet under the lease model.

Indigenous manufacturing of major components and ensuring a strong participation from the domestic industry are the major challenges before the Indian nuclear power programme now, says former Atomic Energy Commission (AEC) chief M R Srinivasan.

As India is moving towards meeting its commitments under the Paris agreement on climate change, its renewable energy market is likely to witness a strong growth over many years, says Moody's Investors Service.

The Asian Infrastructure Investment Bank (AIIB), headquartered in Beijing, held its second annual meeting on the Korean island of Jeju last week. Korea is currently positioning Jeju as a zero-carbon tourist destination so the choice of location must have seemed appropriate for a bank that is looking to promote a “clean” image.

Apple plans to run all its business in India on 100 percent renewable energy in the next six months, Gadgets 360 has learned. According to sources, this was one of the things that the company told Prime Minister Narendra Modi, who is presently on a tour of the United States.

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 44.28* per barrel (bbl) on 26.06.2017.

July 1 will not only be about the biggest indirect direct tax reform — the Goods and Services Tax — but also about a new kid on the block in India’s hydrocarbon space: Open Acreage Licensing, which allows companies to cherry-pick their own areas for exploration.

Thirteen EU nations voiced support on Monday for a proposal to empower the bloc’s executive to negotiate with Russia over objections to a new Russian gas pipeline to Germany, despite opposition from Berlin.

Union Minister for Railways Suresh Prabhakar Prabhu on Tuesday laid the foundation stone for the final location survey work of Bilaspur-Manali-Leh New Rail Line in Leh area of Ladakh district of Jammu and Kashmir.

Union minister for Shipping, Road Transport and Highways, Nitin Gadkari announced today that a cruise tourism policy is in the making and will be announced next month with an aim to tap India’s vast potential on this front and attract more vessels.

The Indian railways, which is working on an ambitious plan to reduce its dependence on conventional fuels and cut down energy bill, is planning to award 400 Megawatt (Mw) of solar energy generation capacity in the current financial year.

Soon after the Goods and Services Tax (GST) comes into effect on July 1, there are going to major changes in ticket prices and passengers will have to shell out a little more to travel in AC coaches and first class compartments.

To plug the scope of misuse of the concession facilities offered by the Indian Railways, Aadhaar Card or Unique Identification (UID) card will be made mandatory from July 1 to avail concession on railway tickets.

With National Highways (NHs) becoming the favourite spot of protest, the Centre is now considering setting up a special force to meet the challenges relating to crime-related issues, traffic control and rescue operations.